Business Continuity Risk from Large-Scale Disasters, Infectious Diseases and Terrorism
First written in FY2016. 2 of 6 entries say "Worsened", first in FY2021. Latest entry: FY2023.
The whole theme swung hardest in 2020: 67 of 112 companies on the "Worse" side.
- FY2023SoftenedAnnual report
「The environment surrounding COVID-19 has improved significantly, with the global number of infections declining and the classification of the disease under Japan's Infectious Diseases Control Law changing, among other developments.」
Although the environment surrounding COVID-19 has improved, the possibility of a renewed spread caused by a new variant virus continues to be identified. - FY2022-Q3RestatedAnnual report
「As the spread of COVID-19 continued, the government had issued a state of emergency declaration four times by the end of July 2021, among other developments, and COVID-19 continued to pose a major threat to the international community and the global economy.」
The disclosure continues to identify business continuity risks from infectious diseases and the possibility that declining usage and employee infections could make it difficult to continue operations. - FY2022-Q1WorsenedAnnual report
「As the spread of COVID-19 continued, the government had issued a state of emergency declaration four times by the end of July 2021, among other developments, and COVID-19 continued to pose a major threat to the international community and the global economy.」
The number of state of emergency declarations increased from the 3 previously disclosed to 4, indicating that business continuity risks from infectious disease continued and expanded. - FY2021WorsenedAnnual report
「As the spread of COVID-19 continued, the government had issued a state of emergency declaration three times by the end of May 2021, among other developments, and COVID-19 continued to pose a major threat to the international community and the global economy.」
Regarding economic and business continuity risks following the spread of the infection, the disclosure states that three state of emergency declarations had been issued as of the end of May 2021 and that the threat continued. - FY2020MaterialisedAnnual report
「Specifically, while post offices, Bank branches and ATMs generally continued operating, staggered working hours, shift work and teleworking were introduced for employees to ensure the safety of customers and employees, and some counter services were reduced, the operating hours of some branches were shortened, and proactive sales activities through visits and at counters were suspended」
The pandemic actually occurred, affecting branch operations, working arrangements and sales activities. - FY2016First statedAnnual report
「The Bank has established business continuity plans and other measures in preparation for large-scale disasters and is working to strengthen its crisis-management framework. However, if a large-scale disaster, pandemic, man-made disaster such as terrorism or armed conflict, or disruption or confusion involving electricity, telecommunications or other social infrastructure occurs, the Bank may incur losses if its facilities and tangible assets, including branches and operations centers, or its systems are damaged, or if it becomes difficult to conduct normal operations.」
Although measures such as BCPs have been implemented, impacts on facilities, systems and financial assets are identified as risks.